*Bitcoin is Now Trading at its Highest Price Since 2014*

The price of bitcoin hit two major milestones today, reaching a new 2016 high and rising to its most elevated level since February 2014 At press time, bitcoin's price rose to a high of $788.49, CoinDesk USD Bitcoin Price Index (BPI) figures reveal, the highest price observed in 34 months. The figure not only surpassed the previous 2016 high of $781.31, but also represented bitcoin’s most elevated value since this summer, when expectations were high about the digital currency's upcoming decline in rewards. Now that bitcoin prices has surpassed the previous high of $781.31, this price could become a new support level for the digital currency. Whether this support materializes or not, bitcoin prices have generated very strong returns so far this year, rising more than 80% from roughly $430 to more than $780.

*Bitcoin Price Key Highlights*

-> Bitcoin price was previously stuck inside a symmetrical triangle consolidation pattern as bulls and bears were in a tight race.

-> Bulls eventually won out as price made another upside breakout, following the previous break higher on an earlier triangle formation.

-> This puts bitcoin price on track towards testing the $800 handle, which might spur profit-taking once more.

We expect it to still go up... $1000 is the target 🎯 hit soon.
Bulls are taking over looking at the 30 min candle on the chat. Anyone who understands candle pattern can see 👆..
So,you wanna BUY bitcoin? Now is the time before it hits $800 or $1000.

Written by Innobright.